By Invitation Only

[Wally]

Lots of people. Houses are selling like crazy here. Im not sure how or even why people would be paying these prices but the whole work from home thing did something. I know my wife's work goes by state for salary. So I'm assuming everyone from NorCal is coming down here and buying because it's much nicer than SF/Oakland/San Jose.

What kind of income they pulling in to afford that kine of mortgage?

Once prices drop all these buyers will be upside down, then they walk away.

 

[Operational needs]

It's insane. My house is 3k away from 1 million. There is absolutely no way it's worth that! I so wish I could retire right now and sell.

My question is why even consider buying right now? I'd be saving money and waiting for it to drop because you know it's going to.

Because I’m living with my father and sister right now and she’s driving me nuts. She’s an amazing person but I need my own space. She and my dad have different living standards than I do. I know I should be waiting but if I can get a place that I can afford now I’ll buy it. Chances are pretty slim though because the prices are so crazy.

 

[542thruNthru]

What kind of income they pulling in to afford that kine of mortgage?

Once prices drop all these buyers will be upside down, then they walk away.

Not everywhere is NJ where you're paid in stale NY pizza sauce and dirty river water.

 

[Operational needs]

Who is buying in the million price range?

People moving down here from the northeast and California. Locals can’t afford that unless they’re wealthy.

 

[MAKAVELI]

Lots of people. Houses are selling like crazy here. Im not sure how or even why people would be paying these prices but the whole work from home thing did something. I know my wife's work goes by state for salary. So I'm assuming everyone from NorCal is coming down here and buying because it's much nicer than SF/Oakland/San Jose.

There's a lot of people who have a ton of equity since the last housing crash. Many are cashing in, upgrading, retiring or just moving to another part of the state.

 

[MAKAVELI]

It's insane. My house is 3k away from 1 million. There is absolutely no way it's worth that! I so wish I could retire right now and sell.

My question is why even consider buying right now? I'd be saving money and waiting for it to drop because you know it's going to.

You could take that equity and invest making even more $.

 

[Wally]

Not everywhere is NJ where you're paid in stale NY pizza sauce and dirty river water.

So market forces cease to exist in your area?

 

[UnionStrong]

So market forces cease to exist in your area?

100k a year is peanuts in some parts of California

 

[Wally]

100k a year is peanuts in some parts of California

Sure but you put 20 percent down and the mortgage alone is at least $4500!

 

[542thruNthru]

Sure but you put 20 percent down and the mortgage alone is at least $4500!

What? You cant afford that?

 

[UnionStrong]

Sure but you put 20 percent down and the mortgage alone is at least $4500!

The median price of a house in California is over 700k. Someone is buying them.

 

[bleedinbrown58]

 

[burrheadd]

It's insane. My house is 3k away from 1 million. There is absolutely no way it's worth that! I so wish I could retire right now and sell.

My question is why even consider buying right now? I'd be saving money and waiting for it to drop because you know it's going to.

People have been saying the Cali housing bubble is going to bust for years and yet here we are…

 

[oldngray]

the dog was fine until that guy freaked out

 

[UnionStrong]

View attachment 372262

the dog was fine until that guy freaked out

And they wonder why they get bit…SMH

 

[542thruNthru]

People have been saying the Cali housing bubble is going to bust for years and yet here we are…

Yeah and some people say cucumbers taste better pickled...

 

[UnionStrong]

Yeah and some people say cucumbers taste better pickled...

 

[rod]

And they wonder why they get bit…SMH

I had a dog on my route who was friendly as hell until you turned around to go back to your truck.

 

[542thruNthru]

View attachment 372275

Nerve of that guy am I right?

He keeps it up and I'll put his big mouth on ignore!

 

[542thruNthru]

I had a dog on my route who was friendly as hell until you turned around to go back to your truck.

That's because once you turned around they could smell the sausage you took from behind that morning.